Wealthy Investors More Pessimistic than Economists

High-net-worth individuals in developed markets are far more downbeat about global economic prospects than those in emerging markets, according to Barclays Wealth Insights Volume 11: The Changing Wealth of Nations.

The findings in this survey, released Monday, isn’t surprising since the wealthy in emerging market regions suffered far less from the recent downturn than those in developed markets. The wealthiest, those with over $15 million in investable assets, versus those with over $1.5 million, were the most pessimistic, and women were also more pessimistic than men.